Amazon.com, Inc. (NASDAQ:AMZN) is Olistico Wealth LLC’s 7th Largest Position

Olistico Wealth LLC decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 10.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,545 shares of the e-commerce giant’s stock after selling 3,089 shares during the quarter. Amazon.com accounts for about 3.0% of Olistico Wealth LLC’s holdings, making the stock its 7th biggest holding. Olistico Wealth LLC’s holdings in Amazon.com were worth $4,946,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. PayPay Securities Corp raised its holdings in Amazon.com by 64.6% in the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after acquiring an additional 64 shares in the last quarter. Christopher J. Hasenberg Inc raised its holdings in Amazon.com by 650.0% in the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 260 shares in the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new stake in Amazon.com in the first quarter valued at approximately $69,000. Innealta Capital LLC acquired a new stake in Amazon.com in the second quarter valued at approximately $77,000. Finally, Abich Financial Wealth Management LLC raised its holdings in Amazon.com by 84.7% in the second quarter. Abich Financial Wealth Management LLC now owns 434 shares of the e-commerce giant’s stock valued at $84,000 after acquiring an additional 199 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the subject of several recent analyst reports. Robert W. Baird boosted their price objective on shares of Amazon.com from $213.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday. Bank of America boosted their price objective on shares of Amazon.com from $210.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday. Itau BBA Securities downgraded shares of Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 price objective for the company. in a research report on Friday, August 2nd. Loop Capital boosted their price objective on shares of Amazon.com from $750.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Finally, Susquehanna boosted their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a research report on Friday. Two research analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $246.48.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total transaction of $427,050.00. Following the sale, the senior vice president now owns 62,420 shares of the company’s stock, valued at approximately $12,171,900. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,791 shares of Amazon.com stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total value of $686,322.64. Following the completion of the transaction, the vice president now owns 121,461 shares in the company, valued at approximately $21,989,299.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total value of $427,050.00. Following the completion of the transaction, the senior vice president now owns 62,420 shares of the company’s stock, valued at approximately $12,171,900. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,855 shares of company stock valued at $9,215,048. 10.80% of the stock is owned by corporate insiders.

Amazon.com Stock Down 1.1 %

AMZN opened at $195.78 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $138.36 and a fifty-two week high of $201.20. The business has a 50-day moving average of $185.23 and a 200-day moving average of $183.89. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.10 and a quick ratio of 0.88. The company has a market capitalization of $2.05 trillion, a PE ratio of 41.92, a price-to-earnings-growth ratio of 1.42 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. The business had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. Amazon.com had a return on equity of 23.46% and a net margin of 8.04%. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 EPS. Equities research analysts forecast that Amazon.com, Inc. will post 4.84 EPS for the current fiscal year.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.